Markforged Holding Corporation Common Stock (MKFG)

Competitors to Markforged Holding Corporation Common Stock (MKFG)

3D Systems Corporation 

3D Systems is one of the pioneers in the 3D printing industry, offering a wide range of products, services, and materials. They compete with Markforged through their extensive portfolio that includes both plastic and metal 3D printing solutions for various industrial applications. With a long history and significant market experience, 3D Systems has established a diverse customer base, but they face competition from Markforged in the realm of composite materials and on-demand manufacturing. While Markforged has streamlined its offerings, 3D Systems leverages its broad capabilities and market penetration, maintaining a leading position in many sectors.

Desktop Metal, Inc. 

Desktop Metal focuses on metal 3D printing and offers innovative solutions intended to make metal additive manufacturing accessible and cost-effective. They compete with Markforged by targeting similar industrial applications, especially in manufacturing and prototyping where both companies provide high-performance materials. While Markforged emphasizes both metal and composite printing through its unique setup, Desktop Metal has carved out a niche with its patented technologies that facilitate speed and affordability in metal printing. This focus on metal gives them an edge in sectors requiring high-strength and durability, putting them in direct competition with Markforged.

Formlabs

Formlabs specializes in resin-based 3D printing technology, primarily focused on producing high-resolution prototypes and custom parts. While Formlabs and Markforged operate in different segments of 3D printing—resin vs. filament—they still compete in the rapid prototyping and manufacturing space. Formlabs offers an array of resins that cater to various applications, including dental and jewelry, while Markforged's emphasis on high-strength composite materials targets industrial needs. The competitive advantage comes from Formlabs’ strong foothold in industries where high precision is critical, giving them an edge in those specific markets.

Stratasys Ltd. 

Stratasys is a leading provider of 3D printing solutions, offering a variety of printers targeted toward both industrial and consumer markets. They compete closely with Markforged by providing advanced materials and large-scale production capabilities. Stratasys has an established customer base and extensive experience in the industry, positioning them as a strong competitor. While Markforged focuses on continuous filament fabrication (CFF) and high-strength materials like carbon fiber, Stratasys leverages its broad range of solutions and experience in additive manufacturing, making it a formidable competitor.

Ultimaker

Ultimaker is recognized for its user-friendly desktop 3D printers that cater to small and medium enterprises. They compete with Markforged by providing a cost-effective entry into 3D printing, focusing on ease of use and a broad material offering. While Markforged targets higher-end industrial applications with high-performance composites, Ultimaker appeals to a more diverse range of customers looking for versatile and accessible 3D printing solutions. This focus on accessibility gives Ultimaker a competitive advantage, especially in educational and beginner sectors, where cost is often a deciding factor.